• News Release

  65GW of European onshore wind turbines need upgrades or replacements by 2028

  • 09 9月 2019

  65GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4GW of turbines per year that are reaching end-of-design-life will be lifetime extension (LTE) suitable, according to new research from Wood Mackenzie.

• News Release

  China’s steel demand growth to slow as property policy tightens

  • 12 9月 2019

  Chinese president Xi Jinping’s mantra that “houses should be for living in, not for speculation” has been used to allude to the government’s policy to curb rising property prices for the past couple of years. Despite the cooling measures, steel demand in the property sector has shown resilience.

• Comment

  ExxonMobil to sell upstream assets in Gippsland Basin

  • 18 9月 2019

  ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.

• News Release

  China’s e-bus stock to surpass 1 million mark by 2023

  • 16 9月 2019

  Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. The Chinese market - the most promising in this sector - will surpass the 1 million e-bus mark by 2023 and reach 1.3 million by 2025, according to new research from Wood Mackenzie.

• Comment

  Attack on Saudi Arabia's oil facilities

  • 16 9月 2019

  This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.

• News Release

  US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires

  • 12 9月 2019

  Highlights from Wood Mackenzie's 2019 North America wind power outlook

• Comment

  MEG and polyethylene spot prices jump after Saudi drone attack

  • 17 9月 2019

  Spot prices of monoethylene glycol (MEG) and polyethylene (PE) have spiked in Asia, following news of the drone attacks on oil facilities in Saudi Arabia over the weekend. These two commodities are the two main chemical exports of the region.

• News Release

  Global automotive industry to drive industrial textile demand

  • 23 9月 2019

  Airbags are a core and growing part of the industrial textile portfolio. Current global airbag yarn demand sits at 164 ktpa and is expected to reach 237 ktpa by 2025, according to a new report from Wood Mackenzie.

• News Release

  Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

  • 25 9月 2019

  An auction-triggered awakening in Poland and a growing confidence in developers' ability to comply with local content requirements in Russia led to a 17% wind power capacity increase QoQ in Eastern Europe and Russia, according to new research from Wood Mackenzie.

• Comment

  Japan to invest additional $10 billion in global LNG infrastructure projects

  • 26 9月 2019

  Japan is planning to invest an additional $10 billion to develop infrastructure mainly in new and developing markets in the India sub continent and Southeast Asia, reflecting a shift in priorities.

• Comment

  ExxonMobil farewells Norway with US$4.5bn Vår Energi deal

  • 27 9月 2019

  ExxonMobil is selling its Norwegian business to Eni/HitecVision-owned Vår Energi for US$4.5 billion, Norway’s biggest deal since the Statoil-Norsk Hydro merger in 2006.

• News Release

  Global top 10 solar asset owners now hold 22 GW of capacity

  • 04 10月 2019

  According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China)*, the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, the top 10 added around 2.5 GW of new capacity in 2018.

• Comment

  Brazil licensing round sets record as Majors eye November's prizes

  • 10 10月 2019

  Brazil's Licensing Round 16 set a record – the BRL 8.9 billion (US$2.2 billion) in signature bonuses is the highest yet for a Brazilian round. Of the 36 blocks on offer, 12 were awarded, all in the prolific offshore Campos and Santos basins. Malaysia’s Petronas, Qatar’s QPI, Spanish producer Repsol and the US’ Chevron all bid high. QPI and Petronas were the biggest spenders of the day, as well as Petrobras. Only Campos and Santos basin blocks were awarded, with frontier acreage failing to attract interest.

• News Release

  China’s pipeline reform: expect higher gas prices in the short-term

  • 09 10月 2019

  New research from Wood Mackenzie indicates that the creation of a national pipeline company in China is a step in the right direction but will result in higher end-user prices in the short-term as the country tries to balance institutional reform with implementation risks.

• Comment

  Total begins construction of third solar power plant in Japan

  • 08 10月 2019

  Total Solar International has begun construction of Miyagi Osato Solar Park, a large-scale solar plant in Japan.

• News Release

  Renewables growth may close green hydrogen cost gap by 2030

  • 22 10月 2019

  Green hydrogen production can compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should renewable power prices reach US$30 per megawatt hour (MWh), new research from global natural resources consultancy Wood Mackenzie indicates.

• Webinar

  Webinar: Private equity in upstream - what's next

  • 31 10月 2019

  Private equity is known for taking under-capitalised assets and exploiting upside. In Upstream, there is no better example than in the North Sea, which outside of North America, has been the hotspot for M&A since the oil price down turn.

• News Release

  Packaging industry’s sustainability drive good news for BOPP film

  • 23 10月 2019

  The global Biaxially Oriented Polypropylene (BOPP) film market has seen demand grow by just under 5% per annum over the last five years. The main driver of growth has been the demand for flexible packaging, particularly in China and South East Asia, according to Wood Mackenzie’s latest ‘BOPP Film Global Supply Demand Report’.

• Comment

  Alpek acquires UK PET facility from Lotte Chemical

  • 30 10月 2019

  ALFA Mexico has announced that its subsidiary, Alpek, has signed an agreement with Lotte Chemical Corporation to acquire its 100% stake in Lotte Chemical UK Limited. The deal includes a PET asset, with an installed capacity of 350 ktpa, in Wilton, England.

• Content

  Featured Reports

  • 09 8月 2018

  We're highlighting our most popular reports. Gain instant access to detailed data — by the numbers and with visualisation — to address business challenges and make better, more strategic decisions.

• Webinar

  Webinar: Nuances in the Water Type Curve

  • 07 11月 2019

  Water-to-oil ratios (WORs) are complex and are becoming an increasingly important factor in asset valuations and deal rationale. Our webinar, 'Nuances in the water type curve' will provide a glimpse into our “big data” produced water model and talk about the most interesting questions we get from clients.

• News Release

  Advanced lithium-ion technologies on track for record annual investment

  • 01 11月 2019

  More than $350 million was invested in advanced lithium-ion technologies during the first half of 2019.

• News Release

  Top three western wind turbine OEMs to control 60% of market by 2028

  • 11 11月 2019

  After a decade of fragmentation, the top five global turbine OEMs are strengthening their hold on the industry. By 2028, they are expected to control three quarters of the sector.

• Webinar

  Webinar - Upstream transformation: what's next for ExxonMobil?

  • 21 11月 2019

  In two regionally-focused webinars, our presenters will share their perspectives on ExxonMobil’s best-in-class growth pipeline and divestment drivers. The SuperMajor has failed to tackle its legacy business with the same rigor, lagging its peers in terms of upstream disposals.

• Comment

  Majors cautious as Petrobras takes prize in Brazil’s TOR round

  • 06 11月 2019

  Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, the Búzios and Itapu blocks.

• Webinar

  Webinar | After the crash: what's changed in Latin America upstream?

  • 23 6月 2020

  Latin America quickly responded to the oil market downturn. NOCs and Majors cut production and pushed back imminent FIDs. However, as Latin America has many large developments that break even below US$40/bbl, several projects are still under operators’ priority list. • Investments: The region is among the largest capex cut globally. How much has development spend been cut? • Production: We expect a 7% reduction in 2020. What are the long-term implications? • Economics: Latin America upstream NPV10 down by a third. Which resource themes have been hit the hardest? • Corporate: Are Latam NOCs prepared for the tough road ahead?

• Comment

  European Investment Bank to cease funding fossil fuel projects

  • 15 11月 2019

  The EIB's new financing criteria will make lending to gas projects very difficult. It highlights that gas is also increasingly in the spotlight of the climate debate.

• News Release

  US storage industry to build on strong third quarter with response to power shutoffs

  • 03 12月 2019

  Installers have already shared anecdotes about growing residential storage volumes in California, and Wood Mackenzie expects a large uptick early next year as marketing efforts for solar-plus-storage started earlier this year bear fruit.

• Webinar

  Webinar | Global Oil Market Implications

  • 09 3月 2020

  Rapidly reacting to the oil market price crash, our experts discussed the immediate drivers influencing the market today and what we expect to happen as this continues to unfold. Our Vice Chair - Americas, Ed Crooks was joined by a panel of Wood Mackenzie’s experts to discuss: Immediate repercussions of the OPEC+ group failing to reach a deal Lessons learned from previous oil price crashes - what's different this time? The Lower 48 fallout - what happens next? The Corporate response - what does it mean for the industry's biggest players

• News Release

  Australia’s east coast gas prices to bottom out over next two years

  • 20 11月 2019

  In the latest Australia east coast gas market research, Wood Mackenzie projects that the LNG netback price for Australia’s east coast could bottom out to A$6.50 – A$9 per gigajoule (GJ) over the next two years.